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Switching is easy

With great products and service we’re renowned for, we can see why you’d like to make the switch across to us. To do this, you just need to follow the steps below. And if you need any help along the way, just get in touch anytime.

Step 1

Open an account

To start the process, you’ll need to open one of the following accounts:

Everyday Account

Advantage Plus Account

eSave Account

Bonus Saver Account

Step 2

Transfer your salary

Once you’ve opened your new RACQ Bank account, arrange for your salary to start being paid into it. To make this easier, download the form at the link below, print it, sign it and take it to your HR or payroll to help speed up the salary transfer process. You can also organise to have other direct credits such as pension, investments, Medicare or Centrelink payments transferred into your new account.

Redirect regular payments

Next, arrange to have all your regular payments taken out of your new account. Consider things like pay TV, gym, phone bill, internet, health insurance and utilities. To make sure you cover everything, you may like to contact your current bank to source a list of frequent payments.

Get in touch with us

Banking products are issued by Members Banking Group Limited ABN 83 087 651 054 AFSL and Australian credit licence 241195 trading as RACQ Bank. This information does not take your personal objectives, circumstances or needs into account. Read the disclosure documents for your selected product or service, including the Financial Services Guide and the Terms and Conditions, before deciding.

Except for RACQ Bank, any RACQ entity referred to on this page is not an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Cth). That entity’s obligations do not represent deposits or other liabilities of RACQ Bank. RACQ Bank does not guarantee or otherwise provide assurance in respect of the obligations of that entity, unless noted otherwise.